Home / Knowledge / News / Textiles / Cotton imports & prices continue to fall in November
Cotton imports & prices continue to fall in November
26
Dec '08
The impact of global financial crisis on the economy expanded further in November, with prices of bulk commodities including cotton falling sharply. December contract of New York futures averaged at 42.78 cents per lb in November, down 7.79 cents or 15.4 percent from the previous month. In major Asian ports, CNF price was 59.87 cents per lb, down 7.57 cents or 11.2 percent from the previous month.

China's cotton imports in November continued to decline, due to poor textile exports. According to customs statistics, China's cotton imports in November registered 76,000 tons, a year-on-year reduction of 26,000 tons, down 25.2 percent; less 33,000 tons or 25.4 percent from the previous month.

While on the other hand, from January to November this year, China's cotton imports totaled 1,943,000 tons, a year-on-year decrease of 195,000 tons, or 9.1 percent. The main reason in reduced imports is due to the slowdown in the textile and garment sector and also the fact that there are still large quantities of domestic cotton lying unsold with the farmers and ginners.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Courtesy: Pratibha Syntex

Textiles | On 29th Mar 2017

Pratibha Syntex wins C&A's Best Global Supplier Award

Pratibha Syntex, a leading manufacturer and exporter of knitted...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search